Trump signs cryptocurrency bill
Digest more
July 18 (Reuters) - Cryptocurrency firm Bullish on Friday filed for an initial public offering in the United States. Uncertainty surrounding President Donald Trump's tariff policies slowed down the IPO market amid heightened volatility, but sentiment is shifting as new listings gain traction.
CNBC's Emily Wilkins from the White House on the Guiding and Establishing National Innovation for U.S. Stablecoins, known as the GENIUS Act, that President Trump is signing into law.
President Trump signed the first major cryptocurrency bill into law Friday afternoon, touting its landmark status. He hailed the GENIUS Act, which establishes a regulatory framework for dollar-backed digital tokens called stablecoins,
13hon MSN
Crypto investors and companies aren't just showing up in Miami, they're "committing" to its quiet market comeback. Ryan Shear and Tere Blanca weigh in with Fox News Digital.
President Trump is slated Friday to sign the first major federal law governing cryptocurrency, a business that Trump's family have begun forging strong ties to and have promoted in recent years.
Explore more
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation.
XRP, the native token of the XRP Ledger, shot up to above the $3.5 level in the later hours of the US House session, rallying 14 per cent in 24 hours, according to CoinDesk data. The crypto coin also topped the $200 billion mark in market capitalisation,
Congress passed the first-ever major U.S. cryptocurrency legislation on Thursday, boosting the industry. But digital coins remain a risky investment.